Short Interest in InvenTrust Properties Corp. (NYSE:IVT) Expands By 6.3%

InvenTrust Properties Corp. (NYSE:IVT) was the target of a large growth in short interest in June. As of June 15th, there was short interest totalling 1,530,000 shares, a growth of 6.3% from the May 31st total of 1,440,000 shares. Based on an average daily trading volume, of 331,500 shares, the short-interest ratio is presently 4.6 days. Currently, 2.3% of the company’s stock are sold short.

InvenTrust Properties Stock Up 0.4 %

InvenTrust Properties stock traded up $0.09 during midday trading on Wednesday, reaching $24.60. The stock had a trading volume of 6,023 shares, compared to its average volume of 329,651. InvenTrust Properties has a 12 month low of $22.61 and a 12 month high of $27.25. The company has a market capitalization of $1.67 billion, a P/E ratio of 245.10, a PEG ratio of 4.17 and a beta of 0.98. The company has a fifty day moving average price of $24.78 and a two-hundred day moving average price of $25.01. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 0.53.

InvenTrust Properties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Sunday, June 30th will be given a $0.226 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 3.67%. The ex-dividend date of this dividend is Friday, June 28th. InvenTrust Properties’s payout ratio is 910.00%.

Institutional Trading of InvenTrust Properties

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IVT. Principal Financial Group Inc. increased its position in InvenTrust Properties by 17.0% in the 1st quarter. Principal Financial Group Inc. now owns 2,672,075 shares of the company’s stock valued at $68,699,000 after buying an additional 387,397 shares in the last quarter. Makena Capital Management LLC bought a new stake in InvenTrust Properties during the 4th quarter worth approximately $6,427,000. Vanguard Group Inc. increased its holdings in InvenTrust Properties by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 9,588,192 shares of the company’s stock worth $246,512,000 after purchasing an additional 91,579 shares in the last quarter. HighPoint Advisor Group LLC bought a new stake in InvenTrust Properties during the 4th quarter worth approximately $1,142,000. Finally, Asset Management One Co. Ltd. increased its holdings in InvenTrust Properties by 41.5% during the 4th quarter. Asset Management One Co. Ltd. now owns 148,412 shares of the company’s stock worth $3,825,000 after purchasing an additional 43,560 shares in the last quarter. 61.70% of the stock is owned by institutional investors.

InvenTrust Properties Company Profile

InvenTrust Properties Corp. (the "Company," "IVT," or "InvenTrust") is a premier Sun Belt, multi-tenant essential retail REIT that owns, leases, redevelops, acquires and manages grocery-anchored neighborhood and community centers as well as high-quality power centers that often have a grocery component.